The Real Competitors for Shops in Mumbai


Mumbai is very well known as the center for commercial and business activities.People living and staying in Mumbai regularly go to the stores based in their locality for buying their daily items of use.But,over the years a new trend has developed from the households in Mumbai with respect to their buying of groceries and consumables.The stores on the internet which deliver the consumers much wanted goods at a very quick and convenient time slot have brought about a change in the consumers buying behavior an

People in Mumbai have witnessed a new form of obtaining their goods which they desire by a better and a more cheaper alternative in comparison to going to the retailer located in the nearby locality. Ever since e-commerce or buying and selling items on the internet at convenient rates to the buyer has emerged,it seems as it is quite a good deal to the consumers in Mumbai because they can get whatever they want without even stepping out of the door of their respective homes.Prices of goods and items of daily need for consumers are also set at a much lower range as compared to the retailer or the mall located in certain parts of the city in Mumbai. Therefore,the real competitors for local retailers as well as malls in the city of Mumbai is none other than the e-commerce stores or stores based on the internet which deliver the consumers desired goods right to the doorstep of the buyer at concessional and at a much cheaper rate as compared to the local retailers and malls in Mumbai.

Prompt service,accepting debit cards as well as good after sales service of goods sold through the internet or e-commerce ensures that the buyer or the consumer does not leave the e-commerce site and becomes a regular patron of their goods rather than becoming a patron of their local retailer or their nearby mall located in the heart of the city of Mumbai.Of course,people who do not have internet services at their homes cannot avail of the fruits and benefits of goods and items sold through e-commerce or the internet.

Innovation and self promotion can also be used to help e-commerce sellers to get maximum reach of their products as well as on marketing terms. It is not even needed for having shopkeepers and additional staff to manage their operations since e-commerce sellers do not have any office but only a stock house or a warehouse where they keep stock and store their goods or products before being delivered to the buyers house.


Comments

Author: Geeta07 Jun 2013 Member Level: Gold   Points : 0

Hi Ishan,
The article seems little tough to understand. Could you please tell us in short about what do you want to say. I am not so good in English hence asking.

Author: adesola adeyeye09 Oct 2013 Member Level: Gold   Points : 0

This is the treu situation which the subject "Economics" made mentioned of. The market can never exist without the presence of the cometitions and competitors.



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